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tv   The Willis Report  FOX Business  May 21, 2013 6:00pm-7:01pm EDT

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thank you for being with us. that's all the money we have for you. melissa is back tomorrow, and "the willis report" is next. thanks for being with us. ♪ gerri: hello, everyone. i'm gerri willis. tonight, on "the willis report," picking up the pieces in oklahoma. >> everything's gone. gerri: how to make sure your donation goes to those in need. also, the irs on the hot seat again in congress. >> how did this happen? >> mr. chairman, i can't say that i know that answer. >> reporter: as tea party groups protest and file lawsuits. your medical privacy, how to keep your life off the black market. we're on the case tonight on "the willis report." ♪
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gerri: the death toll from the tornado that struck oklahoma is now 24, and that includes nine children. the storm's been upgraded to an f5, the highest rating possible. the tornado's path was 17 miles long and nearly a mile and aa@ half wide, a huge storm. rescue workers finished looking for survivors. the fire chief says no additional bodies or survivors found since last night. the red cross on the ground assisting in the recovery with us now from moore, oklahoma. alison, thanks so much for being with us tonight. you know, you can see these pictures on tv. you can even see the views from the helicopters on high, but it's not the same as being there. tell me what does it look like from your vantage point? >> well, really, it looks like complete devastation in the neighborhood hit the hardest. in fact, i was surprised at how
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the debris was just that, just debris and not, you know, any structure of a house left in some areas. it was very disturbing to see. gerri: you know, this afternoon, the associated press is reporting that this storm packed the power of the atomic bomb that leveled hiroshima, that strong, that powerful, that big. have you seen anything like that? >> i, myself, have not seen anything like this before. you know, i have seen some damage from tornadoes, houses knocked down and trees and buildings, but i have not seen anything to this magnitude before. gerri: we're getting estimates of damage tonight, one billion, two billion, five billion, all kinds of things, and, of course, tonight, you can't tell us at this moment how much red cross personal are on the ground yet because you're still pouring in. what is it they are doing on the ground here? what kind of activities are they
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involved in? >> well, right now, we are providing aid basins and fixed aid stations as well as shelters, so we provide food, clothing, shelter for, you know, the immediate needs of the people, trying to meet their immediate needs as quickly as possible. gerri: you say "immediate needs," what are the urgent needs right now? >> well, food, clothing, and shelter are the most immediate needs. you don't have a place to go. you re hungry. you know, thirsty, you may need comfort, those are the immediate needs that we are atisting with at this time, and we're also helping to provide food, water to the first responders who have been out here for long hours. gerri: given your experience with this, alison, how many red cross volunteers, ultimately, do you think you'll have on the ground there, and will they be from all over the country? >> well, you know, it's hard to
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say right now. we have a group of people here, but i know we have 30 vehicles coming in today as well that will be bringing supplies and food. we have two mobile kitchens opened by the southern baptist groups that we'll be helping with districting food so we have other people coming as well. you know, it takes a lot of people. i can't name a number now, but we'll have a lot of people on the ground that will help. gerri: thank you. great to hear from you, and i'll give the red cross contact information here so if people want to contact you guys, give money, whatever, here it is, 1-800 red cross, 1-800sal-army, text "redcross" to 90999 to make a $10 donation. that's the way to do it tonight as we begin to pick up the pieces after the devastatingg@ storm. in times of crisis like this,
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americans all across the country want to help. we know you do. we see the e-mails and tweets. how do you make sure your money goes to the right place? with us, ken berger. we appreciate your coming in because i think people are always asking themselves what can i do to help? you're going to help give us answers to this. your first point is give to app established charity; right? >> yes, and you already mentioned two of them. it certainly is important because unfortunately, this is a time when there are going to be sound-alike names and make believe organizations that will come forward because they know suture outpouring of generosity will occur. gerri: i have not seen those making up charities yet, but you know it happens, always does, ken. >> without a doubt. gerri: designate the donation. what's that mean? >> specify you want the money to be used to help the victims of the oklahoma tornado. you should specifically say that to the charity, and if the charity indicates that you
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cannot designate, then we recommend -- gerri: bye-bye, that's interesting. >> yeah, yeah. gerri: we heard from the red cross trying to get food in there, lots of supplies, and people want to give supplies in times like this, but that's a bad idea, why? >> because there could be bottlenecks, the wrong supplies. that's why cash is king. give them the money so they buy the supplies on the ground they know are needed and in the distribution that works that are working there. if you have things to donate like that, then, you know, have a yard sale, but give the cash. that's the best way to make sure you help people. gerri: tell marketers, that is -- >> telemarketers are another one, that's a great example of why a lot of money may go into the hands of marketers rather than to the charity cause. gerri: yeah, they usually pick up -- skim off a fair amount of money. i think if you saw their numbers, it's appalling. you also don't like texting, necessarily. now, the red cross just had a
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next turn on the screen. is that a bad idea? >> if it's an established organization you know and trust, then certainly, but there are, again, it gets to the sound-alike names, and if if it's oklahoma, tornado, and you don't recognize the name of the organization, be careful. gerri: you have local charities, which is interesting. there's been trouble in the past in particular getting money to the families. do you feel confident this list of local charities that you have is going to make a difference? >> we think they will. there's a lot of great things that can happen on the ground. sometimes the local charities will have an expertise and connected in the community in a way that they can reach people, even better than some of the larger charities. i think there needs to be a blend of both so, you know, the city rescue mission of oklahoma city has a shelter that they've already opened, and there's also united way of central oklahoma promising that no money's going to go to their overhead, going
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to give all the money directly to the organizations involved, and they are going to insist on measuring the results of the performance of those organizations. gerri: interesting. somebody's learning lessons out there, i would say. >> yeah. gerri: the food bank of oklahoma, direct relief, convoy of hope, a lot of good organizations there. i should say ken's organization charity, navigator, checks all of these charities out, rates them. the ones on the full screen, all achieved four-star rating status from this organization. you guys checked them out, and look at them from the metrics that make a difference. what is the one thing, lookinn at the results, the financialings of the charity, what should you will looking at? >> the fact that the lion's share of the money is going to the program, and not to overhead, and also look to see that they are sustainable, that they are here for the long haul to help in the effort, not just that they don't have any reserves so that they can be here to continue to serve over the long period of time. gerri: what proportion should go
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to the mission? >> we like to see 75% or more typically in most cases. gerri: 75% or more. below that, think again. ken berger, thanks for coming on. >> my pleasure. gerri: i hope they put together enough money. i know fema has $11 #.6 billion on the books. we know where that can go. >> indeed. gerri: thank you, sir. >> sure. gerri: thoughts go out to those in o, and there's good news for new jersey. visitors to the jersey shore this memorial day weekend will find their favorite beaches and board walks ready for summer. wiehle several neighborhoods are damaged, all but one should be ready this weekend and shore rentals available. they are proves they are stronger than the storm. that's the good news. up next, apple's ceo gets grilled on capitol hill as one of the world's biggest company who is a tax dodger. we'll get your reaction.
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former head of the irs also in the hot seat today claiming he didn't know about the scandal, but is that a good enough excuse? we'll find out. ♪
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for exceptional offers rough mercedes-benz financial services. gerri: i rirks s under multiple fires today, protesters at numerous officers, and two tea party groups filed lawsuits for being targeted. the former and outgoing irs commissioners both in the congressional hot seat today. peter barnes in washington with the details. what happened, peter? >> well, hey, it was a bipartisan barrage today from members of the senate finance committee as weesaw tea parties protesting around the country including here at the headquarters in washington, d.c. over the scandal of targeting of
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conservative groups. doug schulman pressedded repeatedly to apologize for the targeting, and only said that he regretted that it happened under his watch, and the guy who replaced him, refused to call it "targeting." >> frankly, the concept of political motivation here, i did not agree with that in may. i do not agree with that now. we were not politically motivated in targeting conservative groups. >> now, it is miller's last day as the acting irs commissioner. tomorrow, obama budget official takes over, and treasury secretary jack lew was testifying today, and he said he will hit the ground running and will report back to lew and the president os fixes and firings at the agency within the ext 30 days. gerri: huh, very interesting. peter, thank you for that. appreciate your time. >> you bet. gerri: all right.
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with more on the fallout of the irs scandal, jay, the chief council of the american center for law and justice joining me now. boy, this is getting more and more interesting by the day here. you know, it was supposed to be that doug schulman, the former irs commissioner, would take the m him, he was in chargeve not when this happened, but, in fact, it was steve miller all over again with the fireworks. he's an exchange that he had with senator hatch. listen to this. >> why did you mislead me and my colleagues? my fellow senators, and most importantly, the american people, by failing to tell us what you knew about the exact subject we were asking about. why didn't you tell us? >> mr. hatch, i did not lie. >> you what? >> i did not lie, sir. >> you lie -- you knew what was going on, you knew we asked. you should have told us. gerri: jay, i mean, come on.
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did steve miller lie to congress by not stating the obvious? what he knew, what he knew he was asked about multiple times by members of congress, the senate, and the house, he failed to come back to them and say, yes -- >> right. gerri: we have been targeting special groups. never did that. is that a lie? >> well, let me tell you something, when i was him, i would have done what lori did, the right thing, take the 5th amendment. this idea there was no targeting, was not politically vote vatted, was not asked a precise question is nonsense. lois learner, by the way, took the 5th amendment today, to protect one group only, of course, the white house, and her and interest. if she did something criminal, she did take the 5th amendment, but jay carney pointed to her saying she met with the white house chief of staff, the number two slot in the white house well before the. inspector general report came out to discuss how to release the report.
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gerri: jay, taking the fifth, you say it's well and good, you're an attorney, it's that great thing, but i don't. i'm a taxpayer. the people should get up on the witness stand and fell -- tell us what they know and make it public. >> well, you know, certainly, i agree. i'm filing lawsuits in the next week representing dozens of tea party groups around the country. believe me, i'll ask questions, but she has the right for the 5th amendment, but what does that sound like to you and to the american people when you got the head of the taxes who, by the way, lois, who said she's taking the fifth amendment, is still a head of the tax exempt. that should be shocking. she has the right to do it, but that shows what's going on here. it's pointing to where it gets dangerous for the white house. at the end of the day, it's not going to be lois lerner, but who knew, what they knew, and when they knew it. gerri: i hear what you're saying. jack lew said it's not part of a bigger problem.
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listen to jack lew. >> i would be reluctant to go beyond the facts in front of us now and assume any broader issue. i think that it is a bad enough set of facts that we're looking at, that we need to understand them, take the actions to fix them, look in the irs, and make sure that if there are systemic problems, we fix them. gerri: not a broader problem. all i see comes out of the administration, all i see coming out of washington, frankly, is a lot of human hubris, we should n that, we know what to do and how to run this thing. what do you say, jay? >> special counsel is needed here. you know, jack lew is trying to basically do what acting commissioner miller did today, trying to play dodge ball here. the problem is it's with the american people. they played dodge ball with groups entitled for tax exemption, denied it, they were not targeted despite what mr. miller said, the agency said
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they were targeted. deny it all day and night, doesn't like the characterization, that doesn't change anything. at the end of the day, watch over the next week, next week, as and tomorrow, of course, with the hearing, but when that fifth amendment invokes tomorrow, and you see jay carney every day, the facts are changing, when the lawsuits hit, just beginning now, and you see dozens of them, next week, i'm telling you, and the story startings coming out, if i'm the white house, you bet you have people protecting themselves claiming the 5th because perhaps maybe the attorney general, mr. holder, was prophetic in saying a criminal investigation needs to take place here. we drnlt have a criminallalty. the ag brought it up. i ask myself, what did they know? i said that on a number of programs on fox that week. what did they know that made the attorney general of the united states says i'm opening up an fbi investigation, and what the american people have to think about is right now the administration has the fbi
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investigating the irs. that's a comforting thousands. gerri: any support from democrats? that's going away too. senator baucus said today in the opening statement, the irs abandoned good judgment and lost the public trust. they did. jay, thhnks for coming on today. >> yep. gerri: thank you. >> thanks for having me. gerri: also, the senate grilling apple's ceo, tim cook, over allegations the company avoided paying billions of dollars, billions in u.s. taxes. the panel reports apple used irish subsidiaries to hide money and reduce the u.s. tax burden. the report tried to make an example from apple saying they didn't pay $3.5 billion in 2011, and $9 billion in 2012, and cook says they avoided the federal tax rate by not bringing overseas profits to the u.s., like almost every multinational you can name. >> we pay all the taxes we owe, every single dollar. we don't depend on tax gimmicks.
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gerri: he was not the only one pointing the finger at the lawmakers doing the questioning. senator paul said, and i quote, if anyone should be on trial it's congress for creating a bizarre tax code. if you want to assign blame, the committee needs to look in the mirror and see what created the mess. exactly. well, now we want to know what you think? here's the question. does apple pay its fair share of taxes? log on to gerr iwillis.com, and vote on the right hand side of the screen. more medical privacy, doing it all week. we'll talk about how to keep your medical identity safe, and how do you do that? question, tips on finding the best and most effective meds, drugs for your pets. ♪
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gerri: are you dogged by pricey pet care? watching your bottom line with tips to find the best deal on pet prescriitions next.
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♪ gerri: when it comes to buying pets' medication, it pays to sniff around. get it? prescriptions at the vets' office come with huge markups upwards of 160%, so how do you find the best deal for the furry friends? our pet expert joins us now. thank you. >> happy to help. gerri: get past the funny jokes of dogs. >> right. gerri: listen, this is serious. the vets charge as much as a thousand percent more than you pay elsewhere. >> yeah -- gerri: why is that? >> vets are not evil out to get your money. gerri: we're not saying that. >> absolutely.
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there's a lot that goes into running a business with overhead and staff and all these extra costs that go into it. what you really pay for with the medications from the vet is convenience and comfort of having somebody trained in animal pharmacology to defense it. if you have extra time and patience, you can save money. gerri: let's save money and al terntives. where elss? >> you would be surprised, and a lot don't know this, go to your local pharmacy that you would go to for your own medication with the precipitation from your vet, and that's ultimately no one gets into working with animals for the money, but they want the best treatment for the pet within your budget. gerri: who knew animals take the same drugs we are, but i understand that some of the pharmacies actually have programs for pets? >> absolutely. the discount programs, use for your pets' medication, steroids, antiby october ticks, a lot of
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the -- there's a more expensive pet medication, with also a less expensive human alternative. it's important to say you want to work with your vet and your pharmacy together. the one of the risks you take with a pharmacy is that the pharmacist there is not trained in animal pharmacology. gerri: ask your vet. we found with human drugs, you can negotiate. >> here's an interesting point. the pet medication is typically more expensive. what you look for, exactly, it's confusing, what you look for is the less expensive alternative. however, for chronic conditions, visit the pharmacy every month for the same sort of med medications, you know, use the same guidelines as you use for your prescription. if you get a deal for your prescriptions, they might for the pets' subscriptions. gerri: pardon me sighs do not carry all treatments, but most
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are available at prices more affordable compared to other providers. intelligent people runs the companies realize there's a lot of money in serving people with pets. >> absolutely. they are part of the family. another thing is these online companies to get 1-800-petmeds, pet iq, companies make it easy on you. they can call the vet for the prescription or fax or scan your prescription right to them, and it's delivered to your door. it's a no-brainer when it comes to -- gerri: love no-brainers. >> tic medications, all others. gerri: we don't, but the pets do. thanks for coming on today. >> thanks for having me. gerri: appreciate it. time to look at foxbusiness.com, stocks edging higher as wall street waits on news from the federal reserve tomorrow. home depot, big jump, 18 #% increase in income for the first
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quarter crediting the recovery in the housing market. shareholders and jpmorgan chase letting jamie dimon keep both jobsment only a third voted to split the roles of chairman and ceo. the move was a result of last year's surprise, $6 billion trading loss. remember that? federal prosecutors may be considering rico charges against sac capital adviser. the legal tool is associated with the mafia than hedge funds. the fbi's currently working on bringing security fraud chhrges against sac, and microsoft has unvailed its next gen entertainment consul praising the xbox 1 as a replacement for the cable box with its own guide and voice changes the channel to go on sale later this year. those are some of the hot stories right now on foxbusiness.com. and a new abc news washington post poll finds majority of americans, 55%, believe the
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obama administration is actively trying to cover audiotape the facts of the benghazi terrorist attack. it's not just the american people who are frustrated. it's also our leaders in washington. congress woman alina on lou dobbs last night demanding answers on benghazi. >> four americans die, including our ambassador, and it's an irrelevant fact? i want to know where the president was, where all the people were because we want to prevent another benghazi. this administration just keeps deflectinn the facts because they call them irs veal vaunt. gerri: lou joins me now. what do you have on the agenda tonight? >> well, we're going to have a live report, of course, from moore, oklahoma, the latest for you on the devastation of that, what is now classified as an f5 tornado that hit the community, and we'll also have mir rack cue louse news about reduction in fatalities. also, tonight, latest on the
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credibility crisis that rocks the white house. today, jay carney, again, revising the story of who knew what and when in the irs scandal. we'll be telling you about the stunning bomb shell, a remarkable story, joined by two leading congressmen to talk with congressman jim jordan and talking with ron desantis and much more at the top of the hour. gerri: can't wait, lou, thanks for coming on tonight. good to see you. >> thanks, good to see you. gerri: coming up, waste, fraud, and abuse as the government spends your taxpayer dollars on a texting program. unbelievable. next, we continue the indidn't investigation of the risks posed to the medical records. the problem of medical identity theft coming up. stay with us. ♪
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bny mellon. ♪ from the fox business studios in new york, here, again, is gerri willis. gerri: obamacare putting your medical identity at risk. that's right. tonight, we're continuing our in-depth investigation into the mounting dangers posed to the medical records, and with obamacare, it creates a federal data base for patient information, electronics, and it's only escalating the number of ways your medical identity can be stolen. pam, the executive director of the privacy forum joins me now. great to have you here. tell us of the dangers, first of all, of the electronic records. what can go wrong? >> all sorts of things. when you have a digital medical file, it's something that can be stolen on steroids. instead of walking out of the hospital with a few files, you can walk out with a usb with
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thousands or tens of thousands of files on it. that's some of the dangers of moving to digital files, but it's a really important move to make. gerri: well, talk about what the thieves look for. this can be somebody inside a hospital, doctor's office, a mafia, for goodness sakes, who finds it's luck crative to do this. there's people who used to deal cocaine now training in medical identities. how, and what are they looking for? >> the main purpose is to find names of people and their preferably their medical number or prescriptions, that kind of information. what the thieves want to do is they want to impersonate the people and create fake bills for them, and then they just collect that money as if they were really the doctor that was caring for you. in this way, they make millions of dollars. it's a great scam. it's lucrative as you said, and the average scam is around $2 million up to $100 million.
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gerri: wow. i was trying to tell people if you steal somebody's identity in the usual way, there's access to the bank account and credit cards, but this, you have access to the insurer's bank account and credit cards, maybe the hospital's bank and credit card numbers. you have a map where you show where people get their medical identity ripped off. i want to show this to people now because it looks like -- it really looks like most of the folks are in florida, these are the elderly. who is hit most often? >> it's so awful to look at. when we did this mappings we were surprised by the results, but when you really look at the research here, it's basically medicare, medicaid, hot spots in the country. it's northern and southern california, the eastern seaboard, of course, florida, and then, of course, texas and a little bit in chicago. those are hot spots, and arizona. a lot of elderly, retired folks are hit, and also disabled people and anyone with the
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chronic medical condition. gerri: wow. we told people yesterday the street value of the medical id is something like 50 bucks. your social security number only goes phenomenon a dollar. you can see how valuable this thing is. how do people find out it's happened to them? >> takes two years to find out, and a lot of times, we've gotten calls from people who found out just before surgery, and the doctor says, you know, there's two blood types listed in the health care file. what's going on? that's one way to find out, your health care file has a lot of weird inaccuracies. another way is to all the sudden, there's bills for services you never received, a surgery you never got arian prescriptions you didn't fill or need. these are the main ways people find out. gerri: pam, you wrote this, and i have to repeat it. it's compelling. the real danger is stealing your
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adebitty, and you go to the emergency room, and you get the wrong blood type because somebody ripped you off. the dangers are huge. >> right, that's the core harm. it's not just that they're using insurance money improperly, but when they do that, they -ntroduce errors into your medical record, and it is very, very challenging to then go in and fix those records. gerri: a few of the tips on gerriwillis.com on how to fix the medical record, but that's a lot of work if you have to do it. pam, thank you. >> thank you. gerri: well, our reporting on medical identity and medical identity theft, the issue already caused a big stir. cbs contacted us today to say it takes the issue of medical privacy very seriously. the company spokesman said to us in an e-mail, "cvs pharmacy is vigilant about protecting privacy of the customers and do not share personal information without our customers'
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permission,," and those who want rewards cards have the option not to share personal information and opt out of promotions. that's the good news. catch the show tomorrow as we continue with charles jug, author of "the power of habit," and he'll show us how companies track your every move to monitor your health. you want to see this. stay with us. when we come back, a look at what could be the new form of cable television, and next, the government sending text messages to people suffering from depression. is this really a job for uncle sam? ♪ it's a brand new start.
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how old is the oldest person you've known? we gave people a sticker and had them show us we leard a lot of us have known someo ho's led well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retiment age. ♪ he question is how do you ke sure you he the money you need to enjoy all of ese ars. ♪ gerri: texting to help with depression. a new study starting thursday researching sending texts to people with depression to remind them to take medication and monitor their moods and thoughts, and this is all paid by taxpayer money, some
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$146,000. here to weigh in, dr. keith ablow, psychiatrist and fox news contributor. i have to tell you, if i got a text message saying, oh, gerri, don't be depressed, i don't care who it is. it would make me more depressed. so impersonal and cold. >> well, they may find that in this study, and it's interesting this study fits so neatly with the intrusion of technology into psychiatry. first, it was medication visits, ten minutes from the psychiatrist, and now the government wants to know, hey, can we hold back on paying for face-to-face interactions and councilling and getting to know the people? just text them. well, bottom line is in the end, we may find out years from now, boy, we really went down the wrong path with prozac and testing and took humanity and healing out of it spending $150,000 to look into it, which,
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by the way, i'll do it for 15. gerri: same with primary care physicians talking about doing your physical using a phone app, taking your [bleep] on -- your blood pressure on your own, doing all this stuff by yourself. at some point, you need the expertise of a doctor. look, i know obamacare's expensive, but we can't throw the baby out with the bath water here. we need some care. >> here's what you can't do with texting. you can't delve into somebody's life story and find out the traumas they suffered and how those might be manifesting in today's test praition. what you can do is push them down the road so they look a little better for a little while, and believe me, armed with data that comes from the government spending money to try to prove this, some private company will say, you know, where we try to build medicare and medicaid for this texting protocol because it seems to
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make people take medicine and feel better. you pay twice, pay for the research and then when medicare and medicaid get billed by x, y, z app. gerri: wow. that makes my head hurt. >> yeah, it should, and your wallet too. gerri: how should it be treated? it if not texting, is it sitting down with a professional? >> here's the thing, right, depression is a complex illness. it does respond in some fashions and often to medication, but the interpersonal element has been down played for so long. listen, i've done this work 18 years. i never met a depressed person who doesn't have some reason to be depressed. you got to find that out, bring yourself to this solution. this is a step towards sterilization of medicine, a step towards the government, who, by the way, getting data from this university, the university's well-meaninged, want people to take the medicine, but interesting for the government to know, hey, how
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much can people be cajoled in the mood or say, hey, i'm not worried about the economy, can't get enough text messages saying the economy's fine, by the way. gerri: all right. thanks for coming on. appreciate the time. >> thank you. take care. gerri: well, now on this day in business. in 188 is 1 the american red cross founded by humanitarian clara barton working with the sick and woulded in the american civil war and the angel of he battlefield for the tireless dedication. the red cross set up to aid victims of wars in natural disasters, and, today, the american red cross is helping the victims of the tornado disaster in oklahoma. currently, the american red cross has several shelters open in oklahoma, emergency response vehicles delivering hot meals as we told you earlier. -hanks to the american red cross, families across the u.s. get the help they need, and it all began 132 years ago on may 21st. still to come, my two crepts more on the big announcement
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from the world of golf today. you want to know this, and cable ala cart, only pay for those you watch? it could happen. details next. ♪ weome to the new buffalo... whe new york state is insting onbillion dollars to attract and grow business. where compans like geicare investing in technology & finance. welcome to the state where cutting taxes r business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old ruleook to give your business a new ee, the edge you can only get in new york state. to grow oustart yourbusinem
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gerri: the way you watch tv is changing, and a new bill could change the way you pay for it. details right after the break.
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♪ 7 gerri: a new bill in congress is turning up the heat on your television provider pushing them
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to allow consumers to pick and choose their own channels ala cart. joining me with the details, senior staff attorney for public knowledge. john, welcome to the show. this is john mccain's bill, not the first time he's put the bill up. do you think it's a good idea? >> i think it's a good first step towards reform. i'm not going to say it's the whole answer, but the senator's outraged by the ever-increasing cable bills people face, and this bill is designedded to address that. gerri: the chart is not pretty. the cost of basic cable, $54.46 on average, up 6% a year. nobody gets those price increases. the other thing that is concerning to look at, cable customers watch 1 # 1 channels, they are sold 130. what's going op here. >> yeah, absolutely. part of the problem is there's not a lot of competition in the market so there's two things. one, consumers are forced to pay for a lot of things they don't
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really want, and that jacks up the bill, and, two, programmers know that they can pass along the cost to cable companies who then pass it along to consumers. gerri: well, you know, the push back on this, obviously, is the people who create the programs say, hey, i've got to get paid. what do you think of that? >> no one is telling them they can't get paid. in fact, under the proposal, people who create great programming who want to see, they continue to get paid. the bill doesn't require that everyone buy their cable programming channel by channel. you can still offer bundles, but give people the choice of ala carte to add the channels on top of a package, for example. gerri: what about netflix and "house of cards," that went gang busters. if you have the right thing in the market place, people respond. >> absolutely. when you compare the really high cable bills cited, and, in fact, the number you have is the expanded basic tier, but the average now people pay is
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approaching $90 a month. meanwhile, netflix can be less than $10 a month. where's the difference? they create great content with lower revenue, bills are out of control, and i applaud senator mccain for doing something about it. gerri: cable's fighting back, do they have a leg to stand on? can they maintain the competitive standing with companies like aerio coming out? i have the app on my ipad, and it's fantastic watching live programming, pause it, you can pick up a show any time you want to see it. >> yeah, absolutely, that and a lot of technologies like that are changing the game, and i think that the video marketplace is ripe for disruption so the bill is just part of the bigger story. gerri: john, thanks for coming on tonight. great to have you here. >> thank you. gerri: well, we'll be right back with the two cents more and answer to the question of the day, does apple pay its fair share of taxes? stay with us.
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thank you orville and w. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80housand of us investing billions... in everything from the best experiences below... to the finest comforts above. 're not simply saluting history... we're making it.
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gerri: apple ceo denying senate accusations that the company avoids billions of dollars in u.s. taxes. do you think? we askka question of gerriwillis.com. 71 percent said yes, 29 percent said there not breaking any laws . be sure to log on to gerriwillis.com for our on-line question every weekday. we want to read some of your e-mails. congress has set themselves up salaries. neither party will do anything to change ridiculous benefits are power. they are all totally corrupt an self-centered. and it congress has attempted t exempt itself from obamacare perusal we believed all along. it is a mistake and should be ever repealed. and here is john from ohio. thank you for a good show. i have been watching for two months.
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keep up the good work. love hearing from you. send me an e-mail. go to gerriwillis.com. finally tonight, an important story, ceeebrating everywhere traditional putting over entering use in long and belly potters. look at those things. the ancient golf club after muc debate bant anchoring the putte against the body. for the six major champions use these powers. is so much better when you're old school. coming up tomorrow, medical
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power, how companies are tracking your every move to muc your health. does it for tonight at "the willis report". thank you for joining us. don't forget to record the show off easy cactus is live. have a great night. we will see you tomorrow. ♪ lou: good evening, everybody. i'm lou dobbs. breaking news. local, fire officials say the search for survivors in the oklahoma city suburb of moore i completed a day after a massive tornado devastated the communit of 66,000 people. the 2--mile wide tornado killed at least 24 people, nine children as well. those deaths far fewer than initially reported last night. authorities in the midst of the rescue efforts and all of the confusion double counttd fatalities endangered. as of now every damaged home we

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